Suburb Profile Report for Calamvale QLD (4116)

Calamvale House: Median price $666,500, Annual capital growth 5.39%, Number of sales 189, Weekly median advertised rent $450

Calamvale Unit: Median price $377,000, Annual capital growth 2.25%, Number of sales 126, Weekly median advertised rent $385

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

Giving property investors a an average capital gain of 5.38% for the last year, Calamvale, 4116 is the 2116th highest performer in Australia in this respect.

Over the longer term, Calamvale has seen property prices show investors a 23.43% return over the last 3 years. This is worse than over the last 12 months

The most recent median price for Calamvale is $666500, with sellers offering an average of -3.90% off the asking price.

Often selling an investment property can take time, and in Calamvale the average time real estate has been on the market is 55.59 days.

A $450 per week rent on the median house gives suburb investors a gross yield of circa 3.51%, without taking into account capital value appreciation, which has been averaging out at 5.39%.

Giving property investors a a poor capital gain of -5.51% for the last year, Calamvale, 4116 is the 1415th highest performer in Australia in this respect.

A -0.38% growth in median value for property investors in Calamvale,4116 puts this suburb at number 300th in terms of best performing suburbs in QLD

At number 214th of QLD’s most discounted properties, Calamvale is in the TOP 40% of the state/territory when listing in order of most discounted to least.

A $385 per week rent on the median house gives suburb investors a gross yield of circa 5.31%, without taking into account capital value appreciation, which has been averaging out at 2.25%.

YIP MAG Information supplied by:

YIP MAG
July 2015

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Calamvale is a big suburb and the most populated in the greater Brisbane area, yet it is also renowned for being quiet, peaceful and family-friendly.Full summary
 
Calamvale is a big suburb and the most populated in the greater Brisbane area, yet it is also renowned for being quiet, peaceful and family-friendly.

Transport options to the city (18km away) are convenient thanks to the Logan Motorway, regular buses and the nearby train stations.

Current demand for the area is indicated by the fact that houses typically spend just 44 days on the market, which is a much quicker turnover than many suburbs nearby.

The vacancy rate is also a tight 1.51%, according to Real Estate Investar.

This demand is already translating into capital growth, as the median price of houses has grown by 6% in the past 12 months.

Three- or four-bedroom houses on Bowerbird Pl and Fig Tree St are located on cul-de-sacs which are a sought-after part of Calamvale.

They are very close to shops, schools and public transport to the city.

They can be bought there for less than $520,000.
 
Top amenities:  Calamvale Marketplace, Stretton College, Sunnybank Hills Shopping Centre, Sunnybank Primary, Calamvale Community College, easy access to Gateway and Logan motorways, Grand Plaza Cinemas and shopping centre, Runcorn Heights Primary
 
Public transport: Multiple bus routes, Altandi, & Runcorn train stations.
 
Main arteries:  Very well established car, bus and rail transport infrastructure including the existing Logan motorway, offering ready access to both the Gateway motorway and Centenary highway. Close proximity to existing rail stations at Runcorn and Altandi.
Close
Metrics i HOUSE UNIT
$666,500 $377,000
0.98% -3.33%
5.38% -5.51%
5.39% 2.25%
$450 $385
189 126
3.51% 5.31%
55.59 83.1

Source: CoreLogic

DSR Score for property investment : Above average (H), Good (U)
Find a mortgage broker in Calamvale QLD
Demographics
Total population 15291
Median household income ($/weekly) 1605
Median age of persons 31
Median housing loan repayment ($/monthly) 2000
Average household size 3.1
  • Census Count Percent(%)
    5-14 years 1951 12.8
    25-34 years 2984 19.5
    35-44 years 2210 14.5
    45-54 years 1871 12.2
    55-64 years 1511 9.9
    Others 4764 31.2
    Age Group
    Census Count Percent(%)
    Registered Married 6178 53.8
    Not Married 4490 39.1
    Defacto Relationship 810 7.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 6775 46.6
    Croatia 1268 8.7
    Papua New Guinea 794 5.5
    United Kingdom 512 3.5
    Other 1626 11.2
    Others 3576 24.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 1217 8.7
    Christianity 7843 55.8
    Hinduism 603 4.3
    Islam 607 4.3
    No Religion 3445 24.5
    Others 336 2.4
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 401 9.3
    $1,250-$1,499 415 9.7
    $1,500-$1,999 692 16.1
    $2,000-$2,499 550 12.8
    $2,500-$2,999 446 10.4
    Others 1793 41.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 5072 43.6
    Not in the labour force 3329 28.6
    Employed, worked part-time 2234 19.2
    Unemployed, looking for work 554 4.8
    Employed, away from work 440 3.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 816 10.5
    Professionals 1829 23.6
    Technicians & trades workers 959 12.4
    Clerical & administrative workers 1345 17.4
    Sales 833 10.8
    Others 1966 25.4
    Occupation
    Census Count Percent(%)
    Pre-school 198 4.8
    Infants/Primary 1217 29.7
    Secondary 1049 25.6
    Technical or Further Educational Institution 396 9.6
    University or other Tertiary Institutions 1132 27.6
    Others 112 2.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 11086 75.5
    Semi-detached, row or terrace house, townhouse 2942 20.0
    Flat, unit or apartment 652 4.4
    House or flat attached to a shop, office 5 0.0
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 2139 45.4
    Rented 1399 29.7
    Fully owned 1156 24.5
    Other tenure type 18 0.4
    Tenure Type
Census 2011, ABS
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Recent sales & rentals